8

ACT I OF 2020 ACT I OF 2020 BALOCHISTAN FINANCE ACT, 2020 An Act to continue and revise certain taxes and fees and enacting the law of public finance management in the Province of Balochistan [Gazette of Balochistan Extraordinary, 15th July, 2020] No. PAB / Legis: II(01) / 2020, dated 15.7.2020.---The Balochistan Finance Bill, 2020 (Bill No.01 of 2020) having been passed by the Provincial Assembly of Balochistan on 29th June, 2020 was sent to the Hon'ble Governor Balochistan on the same date for assent under Article 116 of the Constitution of the Islamic Republic of Pakistan. Since the Hon'ble Governor has not assented to the Bill within the stipulated period of ten days, therefore, the same is deemed to have been assented to in terms of provisions of Article 116 of the Constitution of the Islamic Republic of Pakistan. Hence, the Balochistan Finance Bill, 2020 (Bill No.01 of 2020) is hereby published as an Act of the Provincial Assembly of Balochistan. Preamble.---Whereas it is expedient to continue and revise certain taxes, fees and public finance management Balochistan Province and for the matters connected therewith or ancillary thereto; It is hereby enacted as follows: - 8. Amendment in Mines Act, 1923 (Act No. IV of 1923).---In the Mines Act, 1923 (Act No IV of 1923), - (1) in section 30A, in clause (d) for the words "not exceeding five rupees per ton", the words "25% per ton of the rate of royalty on respective mineral as specified in third schedule Part-II and III of the Balochistan Mineral Rules, 2002" shall be substituted; (2) in section 34, in subsection (1) for the words "one thousand", the words "one hundred thousand" shall be substituted and in subsection (2) for the words "six hundred" the words "fifty thousand" shall be substituted; (3) in section 35, in clause (e), for the words "one thousand", the words "one hundred thousand" shall be substituted; (4) in section 36, for the words "four thousand" the words "one hundred thousand" shall be substituted and for the words "six thousand" the words "ten hundred thousand" shall be substituted; (5) in section 37, for the words "one thousand" the words "one hundred thousand" shall be substituted; (6) in section 38, in subsection (1) for the words "one thousand" wherever appears, the words "one hundred thousand" shall be substituted and in subsection (2) for the words "five hundred" the words "fifty thousand" shall be substituted; (7) in section 39, for the words "five thousand" the words "one hundred thousand" shall be substituted and for the words "twenty thousand" and "five hundred" the words "two hundred thousand" and "eight hundred" shall be substituted respectively; and (8) in section 40, in subsection (1),- (a) for the words "forty thousand", the words "five hundred thousand"; (b) for the words "twenty thousand" the words "three hundred thousand"; and (c) for the words "ten thousand" the words "one hundred thousand", shall be substituted.